2016 Ford Transit Connect Insurance Cost

Want better insurance coverage rates for your Ford Transit Connect? Paying for pricey Ford Transit Connect insurance can bleed your funds and put a big crunch on your finances. Drivers have many auto insurance companies to buy insurance from, and even though it’s nice to have a selection, lots of choices makes it harder to get the best deal.

It’s important to compare premium rates on a regular basis because prices fluctuate regularly. Even if you got the best deal for Transit Connect insurance last year there may be better deals available now. Ignore everything you know about insurance coverage because we’re going to demonstrate the tricks you need to know to find the best coverage while lowering your premiums.

Finding the best rates is quite easy. If you are paying for car insurance now, you will be able to cut costs considerably using these techniques. Drivers only need an understanding of the tricks to shop for insurance online.

How to get the cheapest insurance coverage

There are a variety of methods to compare insurance coverage prices but some are less labor-intensive and much quicker. You can waste a few hours (or days) driving to insurance companies in your area, or you can stay home and use the internet to get the quickest rates.

Many companies participate in a marketplace that enables customers to only type in their quote data once, and each company returns a competitive quote determined by their information. This saves time by eliminating quote requests for each company you want a rate for. To compare rates using this form now click here to open in new window.

The one downside to using this type of form is you can’t choose the companies to receive prices from. So if you want to select specific providers to compare prices, we have assembled a list of companies who write insurance coverage in your area. Click here for list of insurance companies.

It’s your choice how you get your quotes, but try to use nearly identical coverage information for every quote you compare. If your comparisons have different limits and deductibles on each one you can’t possibly make a fair rate comparison.

How to lower your insurance prices

The best way to find cheaper auto insurance is to take a look at some of the things that play a part in calculating the level of your policy premiums. If you understand what determines base rates, this allows you to make educated decisions that can earn you much lower annual insurance costs.

The factors shown below are some of the factors used by insurance companies to determine your prices.

  • More traffic equals higher prices – Being located in less populated areas of the country has it’s advantages when trying to find low car insurance rates. Drivers in populated areas tend to have much more traffic and more severe claims. Fewer drivers means fewer accidents.
  • Cautious drivers pay less – A bad driving record influences premium rates substantially. Only having one speeding ticket or other violation may increase your cost substantially. Drivers with clean records have lower premiums as compared to those with violations. Drivers who have received flagrant tickets like hit and run, DWI or reckless driving convictions may be required to prove financial responsibility with their state’s department of motor vehicles in order to drive a vehicle legally.
  • How much liability insurance – Liability insurance kicks in when a jury decides you are liable for physical damage or personal injury to other. Your liability coverage provides legal defense coverage which can be incredibly expensive. This coverage is relatively inexpensive compared to comp and collision, so drivers should carry high limits.
  • Save money with excellent credit – Having a bad credit score can be an important factor in your rate calculation. If your credit rating could use some work, you could be paying less to insure your 2016 Ford Transit Connect by taking the time to improve your credit score. People with very high credit ratings tend to file fewer claims than drivers with lower credit scores.
  • Add-on coverages that aren’t used – Insurance policies have a lot of extra add-on coverages that may not really be needed if you aren’t careful. Coverages like rental car coverage, high-cost glass coverage, and term life insurance may be costing you every month. They may sound like good ideas when discussing your needs, but if they’re wasting money get rid of them and save.
  • Discounts for married drivers – Getting married actually saves money when shopping for auto insurance. Having a spouse generally demonstrates drivers are more mature than a single person and statistics prove married couples file fewer claims.
  • Cheaper premiums for prior coverage – Letting your insurance expire is a sure-fire way to bump up your auto insurance costs. Not only will you pay more, the inability to provide proof of insurance might get you fines or a revoked license. Then you may be required to file a SR-22 with your state motor vehicle department.

Discounts for affordable auto insurance rates

Auto insurance companies don’t always publicize every possible discount in a way that’s easy to find, so the following is a list of a few of the more well known and the more hidden credits available to lower your premiums when you buy auto insurance online. If you check and find you aren’t receiving every discount possible, you’re just leaving money on the table.

  • Policy Bundle Discount – When you combine your home and auto insurance and insure them with the same company you could earn a discount of as much as 10 to 15 percent.
  • Driver’s Ed – Have your child sucessfully take a drivers education course if it’s offered in school.
  • Active Military Service – Having a family member in the military may lower your rates slightly.
  • Defensive Driver – Passing a course teaching safe driver skills is a good idea and can lower rates depending on where you live.
  • Multiple Cars – Purchasing coverage when you have several vehicles with the same auto insurance company can reduce rates for all insured vehicles.
  • Club Memberships – Joining specific professional or occupational memberships or organizations could qualify you for a break on your bill.
  • Anti-lock Brakes – Vehicles with ABS and/or traction control prevent accidents and earn discounts up to 10%.
  • No Charge for an Accident – This isn’t a discount exactly, but some companies like Allstate and State Farm may permit one accident before your rates go up if your claims history is clear for a specific time period.
  • Telematics Data Discounts – Policyholders that allow driving data collection to analyze driving habits by using a telematic data system such as Drivewise from Allstate or Snapshot from Progressive may get a rate reduction if they are good drivers.
  • Pay Early and Save – By paying your policy upfront instead of making monthly payments you may reduce your total bill.

As a footnote on discounts, most of the big mark downs will not be given to the entire cost. The majority will only reduce the cost of specific coverages such as comprehensive or collision. Even though the math looks like you could get a free auto insurance policy, it doesn’t quite work that way.

A few companies that may offer policyholders these money-saving discounts may include but are not limited to:

It’s a good idea to ask every insurance company how many discounts you can get. Discounts may not apply to policies in your area.

Tailor your car insurance coverage to you

When choosing coverage for your personal vehicles, there isn’t really a “best” method to buy coverage. Your needs are not the same as everyone else’s so your insurance needs to address that. For example, these questions might point out if you might need an agent’s assistance.

  • Will I lose any money if I cancel my policy before it expires?
  • How can I force my company to pay a claim?
  • Does my policy cover my teen driver if they drive my company car?
  • Do I need medical payments coverage since I have good health insurance?
  • Am I covered when driving in Canada or Mexico?
  • Does my personal policy cover me when driving out-of-state?
  • Does my 2016 Ford Transit Connect qualify for pleasure use?
  • Am I covered if I break a side mirror?
  • What vehicles should carry emergency assistance coverage?
  • What is covered by UM/UIM coverage?

If you don’t know the answers to these questions but you think they might apply to your situation, you might consider talking to a licensed insurance agent. To find an agent in your area, fill out this quick form or you can go here for a list of companies in your area. It’s fast, free and you can get the answers you need.

Insurance policy coverages for a 2016 Ford Transit Connect

Learning about specific coverages of your policy can be of help when determining which coverages you need for your vehicles. Policy terminology can be difficult to understand and reading a policy is terribly boring. These are typical coverage types found on most insurance policies.

Coverage for collisions

Collision coverage pays to fix your vehicle from damage resulting from colliding with an object or car. You have to pay a deductible then the remaining damage will be paid by your insurance company.

Collision insurance covers things such as crashing into a building, colliding with a tree, crashing into a ditch and backing into a parked car. Collision is rather expensive coverage, so you might think about dropping it from older vehicles. It’s also possible to raise the deductible in order to get cheaper collision rates.

Comprehensive insurance

Comprehensive insurance pays to fix your vehicle from damage caused by mother nature, theft, vandalism and other events. A deductible will apply then your comprehensive coverage will pay.

Comprehensive coverage pays for things such as rock chips in glass, a broken windshield, fire damage, theft and falling objects. The maximum amount you’ll receive from a claim is the ACV or actual cash value, so if the vehicle’s value is low it’s probably time to drop comprehensive insurance.

Med pay and Personal Injury Protection (PIP)

Coverage for medical payments and/or PIP provide coverage for short-term medical expenses such as nursing services, pain medications, surgery and EMT expenses. They are used to cover expenses not covered by your health insurance policy or if there is no health insurance coverage. They cover both the driver and occupants and also covers if you are hit as a while walking down the street. Personal Injury Protection is not universally available and gives slightly broader coverage than med pay

Liability insurance

This will cover damage that occurs to a person or their property. This insurance protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

It consists of three limits, per person bodily injury, per accident bodily injury, and a property damage limit. Your policy might show policy limits of 25/50/25 which means a limit of $25,000 per injured person, a per accident bodily injury limit of $50,000, and a limit of $25,000 paid for damaged property.

Liability can pay for claims such as attorney fees, loss of income and medical expenses. The amount of liability coverage you purchase is up to you, but you should buy as much as you can afford.

Uninsured/Underinsured Motorist (UM/UIM)

This coverage gives you protection when other motorists do not carry enough liability coverage. Covered losses include hospital bills for your injuries as well as damage to your 2016 Ford Transit Connect.

Due to the fact that many drivers only purchase the least amount of liability that is required, it only takes a small accident to exceed their coverage. For this reason, having high UM/UIM coverages is a good idea.

Cheaper insurance is a realistic goal

We covered a lot of tips how to lower your 2016 Ford Transit Connect insurance rates. The key concept to understand is the more price quotes you have, the more likely it is that you will get a better rate. You may even discover the most savings is with a smaller regional carrier. They may cover specific market segments cheaper than the large multi-state companies such as Progressive and GEICO.

While you’re price shopping online, it’s very important that you do not reduce coverage to reduce premium. There have been many cases where an accident victim reduced liability coverage limits only to regret at claim time they didn’t have enough coverage. Your goal should be to find the BEST coverage at the lowest possible cost but still have enough coverage for asset protection.

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